First Trust Capital Management L.P.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 14, 2026), First Trust Capital Management L.P. reported 180 stock positions worth $1.9 billion. Its top holding was Chart Industries (GTLS) at 6.9% of the portfolio, followed by Hologic (HOLX, 5.3%) and Sealed Air (SEE, 5.2%). Compared with Q4 2025, it opened 53 new positions, sold out of 31, added to 14 and reduced 40. The biggest buy was a new position in Chart Industries (GTLS) and the biggest sale an exit from Cadence Bank (CADE).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001604488
- Portfolio Value
- $1.9B (Q1 2026)
- SEC Filing
- 0001604488-26-000043 ↗ filed May 14, 2026
Holdings Value
Holdings 180 stocks · $1.9B
| GTLS Chart Industries Inc. | 6.86% | 631,813 | $130.6M | New |
| HOLX Hologic Inc. | 5.27% | 1,327,989 | $100.4M | Add +329.0% |
| SEE Sealed Air Corp. | 5.16% | 2,336,019 | $98.2M | Add +269.1% |
| MASI Masimo Corp. | 4.48% | 479,403 | $85.3M | New |
| EA Electronic Arts Inc. | 4.35% | 405,994 | $82.8M | Add +316.1% |
| TPH Tri Pointe Homes Inc. | 3.93% | 1,599,172 | $74.7M | New |
| NSA National Storage Affiliates | 3.60% | 1,814,200 | $68.5M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 3.33% | 975,799 | $63.4M | Add +5626.5% |
| CWAN Clearwater Analytics HDS-A | 2.68% | 2,154,188 | $50.9M | Add +45.6% |
| TERN Terns Pharmaceuticals Inc. | 2.50% | 904,161 | $47.7M | New |
| VRE Veris Residential Inc. | 2.46% | 2,480,213 | $46.8M | New |
| OS Onestream Inc. | 2.32% | 1,842,189 | $44.2M | New |
| WBS Webster Financial Corp. | 1.82% | 498,343 | $34.6M | New |
| DAWN Day One Biopharmaceuticals I | 1.69% | 1,496,007 | $32.1M | New |
| ALF Centurion Acquisition Corp. | 1.55% | 2,745,000 | $29.5M | No change |
| ACLX Arcellx Inc. | 1.44% | 238,235 | $27.4M | New |
| KW Kennedy-Wilson Holdings Inc. | 1.33% | 2,334,369 | $25.3M | New |
| DMAA Drugs Made in America Acquis | 1.23% | 2,242,500 | $23.5M | No change |
| CUB Lionheart Holdings Class A | 1.21% | 2,145,000 | $23.1M | No change |
| GPAT GP-Act III Acquisition-A | 1.19% | 2,091,077 | $22.7M | No change |
| LPAA Launch One Acquisition Corp. | 1.16% | 2,070,000 | $22.2M | No change |
| FOLD Amicus Therapeutics Inc. | 1.06% | 1,399,192 | $20.2M | Add +28.5% |
| HTBK Heritage Commerce Corp. | 1.06% | 1,621,114 | $20.2M | Add +4.6% |
| MACI Melar Acquisition Corp. I-A | 0.79% | 1,400,000 | $15.1M | No change |
| ANSC Agriculture & Natural Soluti | 0.77% | 1,304,626 | $14.7M | Reduce -52.9% |
| LEGT Legato Merger Corp. III | 0.76% | 1,323,462 | $14.5M | Reduce -0.1% |
| APLS Apellis Pharmaceuticals Inc. | 0.74% | 350,800 | $14.1M | New |
| SIMA Sim Acquisition Corp. I-A | 0.73% | 1,294,000 | $13.9M | Reduce -28.1% |
| SDHI Siddhi Acquisition Corp. Class A | 0.71% | 1,303,359 | $13.5M | Reduce -21.4% |
| BLFY Blue Foundry Bancorp | 0.70% | 1,004,006 | $13.3M | Add +66.7% |
| PSBD Palmer Square Capital BDC Inc. | 0.66% | 1,288,337 | $12.6M | No change |
| CAEP Cantor Equity Partners III-A | 0.65% | 1,208,752 | $12.5M | Reduce -0.4% |
| TWO Two Harbors Investment Corp. | 0.65% | 1,082,650 | $12.4M | Add +924.9% |
| TMS Teamshares Inc. filed as LIVE OAK ACQUISITION CORP V | 0.60% | 1,100,000 | $11.4M | No change |
| VNME Vendome Acquisition Corp. Class A | 0.58% | 1,092,788 | $11.0M | Reduce -40.9% |
| TONT Graf Global Corp. Class A | 0.56% | 1,002,441 | $10.7M | Reduce -53.1% |
| SOUL Soulpower Acquisition Co. Class A | 0.56% | 1,039,570 | $10.7M | No change |
| DMII Drugs Made in America Acquis | 0.56% | 1,067,798 | $10.6M | Reduce -48.4% |
| MLAC Mountain Lake Acquisition-A | 0.54% | 980,393 | $10.3M | No change |
| CEPF Cantor Equity Partners Class A | 0.54% | 1,000,000 | $10.2M | No change |
| CHYM Chime Financial Inc. Class A | 0.53% | 536,989 | $10.1M | No change |
| NHIC Newhold Investment Cor III-A | 0.51% | 930,448 | $9.6M | No change |
| CTRA Coterra Energy Inc. | 0.50% | 272,561 | $9.6M | New |
| DAAQ Digital Asset Acquisiti Class A | 0.47% | 876,498 | $9.0M | Reduce -0.9% |
| CHAR Charlton Aria Acquisiti Class A | 0.46% | 828,750 | $8.8M | No change |
| RANG Range Capital Acquisition Co. | 0.41% | 750,000 | $7.9M | No change |
| VCIC Vine Hill Capital Class A | 0.41% | 725,310 | $7.7M | No change |
| AFJK Aimei Health Technology Co. | 0.41% | 680,000 | $7.7M | No change |
| SEMR Semrush Holdings Inc. Class A | 0.39% | 625,206 | $7.5M | No change |
| MESH Meshflow Acquisition Co. Class A | 0.39% | 750,000 | $7.4M | No change |
| BDCI BTC Development Corp. Class A | 0.39% | 738,849 | $7.4M | Reduce -1.5% |
| GLDD Great Lakes Dredge & Dock Co. | 0.39% | 434,061 | $7.4M | New |
| CCAQ Collective Acquisition Corp. filed as DUNE ACQUISITION CORP II | 0.38% | 699,992 | $7.2M | No change |
| SCII SC II Acquisition Corp. Class A | 0.35% | 675,000 | $6.7M | No change |
| TVA Texas Ventures Acquisition-A | 0.35% | 644,953 | $6.7M | Reduce -49.0% |
| APXT Apex Treasury Corp. Class A | 0.34% | 654,958 | $6.5M | Reduce -22.9% |
| NSTR Northstar Earth & Space Ente filed as VIKING ACQUISITION CORP I | 0.34% | 649,998 | $6.5M | No change |
| EVAC Eqv Ventures Acquisition C-A | 0.33% | 627,045 | $6.3M | No change |
| POLE Andretti Acquisition Corp. Class A | 0.33% | 590,809 | $6.3M | No change |
| CEPV Cantor Equity Partners Class A | 0.32% | 605,189 | $6.1M | No change |
| VACH Voyager Acquisition Corp. | 0.32% | 559,917 | $6.0M | Reduce -72.3% |
| FMACU Future Money Acquisition Cor | 0.31% | 600,000 | $6.0M | New |
| MLAAU Mountain Lake Acquisition Co. | 0.31% | 600,000 | $6.0M | New |
| JACS Jackson Acquisition Co. Class A | 0.31% | 562,500 | $6.0M | Reduce -0.9% |
| CRAN Crane Harbor Acquisitio Class A | 0.31% | 600,000 | $5.9M | No change |
| IRHO Iron Horse Acquisitions Corp. | 0.31% | 600,000 | $5.9M | No change |
| MEVO M Evo Global Acquisitio Class A filed as M EVO GBL ACQUISITION CORP I | 0.31% | 598,900 | $5.9M | New |
| IPXG Inflection Point Acquisition filed as COLUMBUS CIRCLE CAP CORP II | 0.31% | 600,000 | $5.9M | New |
| RFAI RF Acquisition Corp. II | 0.29% | 514,506 | $5.6M | No change |
| AXIN Axiom Intelligence Class A | 0.29% | 547,412 | $5.5M | Reduce -15.8% |
| WENN Wen Acquisition Corp. Class A | 0.29% | 538,461 | $5.5M | Reduce -8.7% |
| DYOR Insight Digital Partners I-A | 0.28% | 543,326 | $5.4M | Reduce -9.4% |
| TAVI Tavia Acquisition Corp. | 0.28% | 500,000 | $5.3M | No change |
| CHPG Championsgate Acquisitio-A | 0.28% | 514,174 | $5.3M | No change |
| IPCX Inflection Point Acquisiti-A | 0.27% | 500,000 | $5.1M | No change |
| PACH Pioneer Acquisition I Class A | 0.27% | 500,000 | $5.1M | No change |
| HACQU HCM IV Acquisition Corp. | 0.26% | 500,000 | $5.0M | New |
| GSHR Gesher Acquisition Corp. II-A | 0.26% | 482,440 | $5.0M | No change |
| HCAC Hall Chadwick Acquisition-A | 0.26% | 500,000 | $5.0M | No change |
| IACOU Idea Acquisition Corp. | 0.26% | 500,000 | $5.0M | New |
| SVIV Spring Valley Acquisitio-A | 0.26% | 499,996 | $4.9M | New |
| ZKP Lafayette Digital Acquisitio | 0.26% | 500,000 | $4.9M | New |
| IGAC Invest Green Acquisitio Class A | 0.26% | 494,781 | $4.9M | Reduce -1.0% |
| GTERA Globa Terra Acquisition Co. Class A | 0.25% | 473,583 | $4.8M | No change |
| BCAR D. Boral Arc Acquisit Class A | 0.25% | 473,863 | $4.8M | New |
| SBXDF Silverbox Corp. IV-A | 0.25% | 445,168 | $4.8M | No change |
| DRDB Roman DBDR Acquisition Corp. | 0.25% | 453,259 | $4.7M | Reduce -2.5% |
| XRPN Armada Acquisition Class A | 0.25% | 458,864 | $4.7M | No change |
| FERA Fifth Era Acquisition Corp. Class A | 0.24% | 450,000 | $4.6M | No change |
| RAAQ Real Asset Acquisiti Class A | 0.23% | 423,342 | $4.4M | Reduce -53.4% |
| CEPO Cantor Equity Partners I-A | 0.23% | 409,698 | $4.3M | No change |
| GTEN Gores Holdings X Inc. Class A | 0.22% | 411,851 | $4.2M | Reduce -24.2% |
| SZZL Sizzle Acquisition Corp. Class A | 0.22% | 398,309 | $4.1M | Reduce -1.9% |
| CLBR Colombier Acq III Class A | 0.21% | 400,000 | $4.0M | New |
| MBVI M3-Brigade Acquisition Class A | 0.21% | 399,701 | $4.0M | Reduce -0.1% |
| KOYN CSLM Digital Asset Acqu - A | 0.21% | 400,000 | $4.0M | No change |
| CRAQ Cal Redwood Acquisit Class A | 0.21% | 392,300 | $4.0M | Reduce -1.9% |
| TDWD Tailwind 2.0 Acquisitio Class A | 0.21% | 400,000 | $4.0M | No change |
| BEBE Tge Value Creative Solu Class A | 0.21% | 400,000 | $4.0M | No change |
| AACB Artius II Acquisition Inc. Class A | 0.21% | 380,000 | $3.9M | No change |
Other holdings (2): bonds, preferreds, convertibles and warrants · $157K (not counted above)
Total filed on the 13F, all lines: $1.9B.
Portfolio Sells Q4 2025 → Q1 2026
| CADE Cadence Bank | Sold out | 0.00% | −5.48 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −4.44 |
| DAY Dayforce Inc. | Sold out | 0.00% | −4.02 |
| CMA Comerica Inc. | Sold out | 0.00% | −3.98 |
| ALEX Alexander & Baldwin Inc. | Sold out | 0.00% | −3.05 |
| CDTX Cidara Therapeutics Inc. | Sold out | 0.00% | −2.74 |
| HI Hillenbrand Inc. | Sold out | 0.00% | −2.58 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −2.54 |
| AAM Aa Mission Acquisition Cor-A | Sold out | 0.00% | −1.93 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −1.69 |
| JAMF Jamf Holding Corp. | Sold out | 0.00% | −1.37 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −1.35 |
| PLYM Plymouth Industrial REIT Inc. | Sold out | 0.00% | −1.13 |
| ANSC Agriculture & Natural Soluti | Reduce -52.9% | 0.77% | −1.10 |
| VACH Voyager Acquisition Corp. | Reduce -72.3% | 0.32% | −0.99 |
| HAYMAKER ACQUISITION CORP 4 | Reduce -83.3% | 0.15% | −0.86 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.85 |
| FRGE Forge Global Holdings Inc. | Sold out | 0.00% | −0.83 |
| TONT Graf Global Corp. Class A | Reduce -53.1% | 0.56% | −0.83 |
| DMII Drugs Made in America Acquis | Reduce -48.4% | 0.56% | −0.68 |
| ATXS Astria Therapeutics Inc. | Sold out | 0.00% | −0.66 |
| DENN Denny's Corp. | Sold out | 0.00% | −0.64 |
| RAC Rithm Acquisition Corp. Class A | Reduce -70.7% | 0.19% | −0.56 |
| VNME Vendome Acquisition Corp. Class A | Reduce -40.9% | 0.58% | −0.54 |
| TVA Texas Ventures Acquisition-A | Reduce -49.0% | 0.35% | −0.46 |
| SIMA Sim Acquisition Corp. I-A | Reduce -28.1% | 0.73% | −0.43 |
| GSRF GSR IV Acquisition Corp. Class A | Reduce -62.7% | 0.19% | −0.39 |
| MRLN Merlin Inc. | Sold out | 0.00% | −0.37 |
| RAAQ Real Asset Acquisiti Class A | Reduce -53.4% | 0.23% | −0.33 |
| SDHI Siddhi Acquisition Corp. Class A | Reduce -21.4% | 0.71% | −0.32 |
| TACO Berto Acquisition Corp. | Reduce -54.6% | 0.19% | −0.29 |
| TACH Titan Acquisition Corp. Class A | Reduce -53.0% | 0.19% | −0.28 |
| PLMK Plum Acquisition Corp. IV | Reduce -54.3% | 0.16% | −0.25 |
| TDAC Translational Development Ac | Reduce -53.9% | 0.17% | −0.25 |
| ADACU American Drive Acquisition C | Sold out | 0.00% | −0.23 |
| GFUZ General Fusion Group Ltd. | Sold out | 0.00% | −0.21 |
| RNAM Avidity Biosciences Inc. | Sold out | 0.00% | −0.17 |
| APXT Apex Treasury Corp. Class A | Reduce -22.9% | 0.34% | −0.17 |
| PCAP Procap Acquisition Corp. Class A | Reduce -42.3% | 0.14% | −0.14 |
| CEPT Cantor Equity Partners Class A | Sold out | 0.00% | −0.12 |
| GTEN Gores Holdings X Inc. Class A | Reduce -24.2% | 0.22% | −0.12 |
| DNMX Dynamix Corp. III Class A | Reduce -29.4% | 0.18% | −0.12 |
| CHAC Crane Harbor Acqu Corp. Class A | Sold out | 0.00% | −0.11 |
| LEGT Legato Merger Corp. III | Reduce -0.1% | 0.76% | −0.11 |
| AXIN Axiom Intelligence Class A | Reduce -15.8% | 0.29% | −0.10 |
| CAEP Cantor Equity Partners III-A | Reduce -0.4% | 0.65% | −0.09 |
| EVOX Evolution Global Acquis Class A | Reduce -23.6% | 0.18% | −0.09 |
| AHL Aspen Insurance Holdings Class A | Sold out | 0.00% | −0.09 |
| DYNC Dynamix Corp. | Sold out | 0.00% | −0.08 |
| DYOR Insight Digital Partners I-A | Reduce -9.4% | 0.28% | −0.08 |
Portfolio Buys Q4 2025 → Q1 2026
| GTLS Chart Industries Inc. | New | 6.86% | +6.86 |
| MASI Masimo Corp. | New | 4.48% | +4.48 |
| TPH Tri Pointe Homes Inc. | New | 3.93% | +3.93 |
| HOLX Hologic Inc. | Add +329.0% | 5.27% | +3.88 |
| NSA National Storage Affiliates | New | 3.60% | +3.60 |
| SEE Sealed Air Corp. | Add +269.1% | 5.16% | +3.57 |
| AL Sumisho Air Lease Corp. | Add +5626.5% | 3.33% | +3.26 |
| EA Electronic Arts Inc. | Add +316.1% | 4.35% | +3.14 |
| TERN Terns Pharmaceuticals Inc. | New | 2.50% | +2.50 |
| VRE Veris Residential Inc. | New | 2.46% | +2.46 |
| OS Onestream Inc. | New | 2.32% | +2.32 |
| WBS Webster Financial Corp. | New | 1.82% | +1.82 |
| DAWN Day One Biopharmaceuticals I | New | 1.69% | +1.69 |
| ACLX Arcellx Inc. | New | 1.44% | +1.44 |
| KW Kennedy-Wilson Holdings Inc. | New | 1.33% | +1.33 |
| APLS Apellis Pharmaceuticals Inc. | New | 0.74% | +0.74 |
| TWO Two Harbors Investment Corp. | Add +924.9% | 0.65% | +0.58 |
| CWAN Clearwater Analytics HDS-A | Add +45.6% | 2.68% | +0.52 |
| CTRA Coterra Energy Inc. | New | 0.50% | +0.50 |
| GLDD Great Lakes Dredge & Dock Co. | New | 0.39% | +0.39 |
| FMACU Future Money Acquisition Cor | New | 0.31% | +0.31 |
| MLAAU Mountain Lake Acquisition Co. | New | 0.31% | +0.31 |
| MEVO M Evo Global Acquisitio Class A | New | 0.31% | +0.31 |
| IPXG Inflection Point Acquisition | New | 0.31% | +0.31 |
| HACQU HCM IV Acquisition Corp. | New | 0.26% | +0.26 |
| IACOU Idea Acquisition Corp. | New | 0.26% | +0.26 |
| SVIV Spring Valley Acquisitio-A | New | 0.26% | +0.26 |
| ZKP Lafayette Digital Acquisitio | New | 0.26% | +0.26 |
| BCAR D. Boral Arc Acquisit Class A | New | 0.25% | +0.25 |
| BLFY Blue Foundry Bancorp | Add +66.7% | 0.70% | +0.25 |
| CLBR Colombier Acq III Class A | New | 0.21% | +0.21 |
| IRAB Iris Acquisition Corp. I Class A | New | 0.21% | +0.21 |
| EHAB Enhabit Inc. | New | 0.19% | +0.19 |
| MTAL.U Metals Acquisition Corp. II | New | 0.19% | +0.19 |
| KTWO K2 Capital Acquisition Class A | New | 0.18% | +0.18 |
| BIII Black Spade Acquisition Class A | New | 0.18% | +0.18 |
| CAQ Cambridge Acquisition Corp. Class A | New | 0.16% | +0.16 |
| IMXI International Money Express | New | 0.14% | +0.14 |
| PKST Peakstone Realty Trust | New | 0.13% | +0.13 |
| KRAQ Krakacquisition Corp. Class A | New | 0.13% | +0.13 |
| MUZE Muzero Acquisition Corp. Class A | New | 0.13% | +0.13 |
| FOLD Amicus Therapeutics Inc. | Add +28.5% | 1.06% | +0.12 |
| CEPS Cantor Equity Partners Vi -A | New | 0.11% | +0.11 |
| PONOU Pono Capital Four Inc. | New | 0.10% | +0.10 |
| SAAQ Space Asset Acquisition Class A | New | 0.10% | +0.10 |
| ARCI Archimedes Tech Spac Partner | New | 0.10% | +0.10 |
| LEGO Legato Merger Corp. IV | New | 0.09% | +0.09 |
| SEM Select Medical Holdings Corp. | New | 0.09% | +0.09 |
| TALK Talkspace Inc. | New | 0.09% | +0.09 |
| BCSS Bain Capital GSS Inv- A | New | 0.08% | +0.08 |
Notes & Other Activity Q4 2025 → Q1 2026
| DMIIR Drugs Made in America Acq-RT | RIGHT 09/16/2030 | Sold out | 2,068,118 | $290Kbefore exit |
| IGACR Invest Green Acquisition-RTS | RIGHT 11/17/2030 | Sold out | 500,000 | $95Kbefore exit |
| IRHOR Iron Horse Acquisiti- Rights | RIGHT 07/11/2030 | Reduce -2.3% | 586,507 | $83K |
| KTWOR K2 Capital Acquisition C-RTS | RIGHT 07/30/2027 | New | 353,000 | $74K |
| TDWDR Tailwind 2.0 Acquisition-RTS | RIGHT 11/07/2030 | Sold out | 400,000 | $66Kbefore exit |
| LAFAR Lafayette Acquisition Corp. | RIGHT 10/24/2030 | Sold out | 300,000 | $41Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 161 | $1.7B | TMHC, GTLS, NUVL, NSA, APGE |
| Q1 2026 | 180 | $1.9B | GTLS, HOLX, SEE, MASI, EA |
| Q4 2025 | 158 | $1.7B | CADE, CYBR, DAY, CMA, ALEX |
| Q3 2025 | 121 | $1.6B | WNS, VRNA, VBTX, COOP, CYBR |
| Q2 2025 | 121 | $1.5B | DNB, SWTX, SKX, K, ESGR |
| Q1 2025Amended | 90 | $1.4B | ITCI, K, BECN, PYCR, JWN |
| Q4 2024Amended | 91 | $1.3B | SMAR, ROIC, HTLF, K, BARNES GROUP INC |
| Q3 2024 | 114 | $1.5B | AGR, MRO, SQSP, SRCL, SMAR |
| Q2 2024 | 104 | $1.1B | WIRE, PWSC, HCP, EDR, ETRN |
| Q1 2024 | 115 | $1.2B | AEL, TCN, PXD, M D C HLDGS INC, SCRM |